Mr. Farshad Shirvani reports

CASA MINERALS ANNOUNCES PRIVATE PLACEMENT

Casa Minerals Inc. has arranged a non-brokered private placement of up to 15 million units at a price of five cents per unit for gross proceeds of up to $750,000.

Each unit will consist of one common share in the capital of the company and one common share purchase warrant. Each warrant will entitle the holder to acquire one common share for a period of two years from the closing date at a price of 10 cents. The warrants will be subject to an acceleration clause, whereby, if the common shares of the company, traded on the TSX Venture Exchange, trade at a volume-weighted average price exceeding 17 cents per common share for a period of seven consecutive trading days. At that time, the issuer may, at its discretion, deliver a notice to the warrantholders notifying such warrantholders that they must exercise their warrants within 30 days from the date of such notice.

Net proceeds from the offering will be used for exploration and development activities on the company's projects in Arizona, United States, and British Columbia, Canada, and for general working and corporate purposes.

All common shares and warrants comprising the units, will be subject to a four-month hold period from the date of issuance, during which any resale or other transfer will be restricted in accordance with applicable securities laws.

A finder's fee of 7 per cent in cash or shares is payable to eligible finders on all or a portion of the offering. The finder will also receive finder's warrants entitling it to purchase up to 7 per cent of the shares issued to the purchaser introduced by the finder under the offering exercisable at the issue price of 10 cents for a period of 24 months from the closing date.

The completion of the private placement remains subject to approval of the TSX-V.

About Casa Minerals Inc.

The company is engaged in the acquisition, exploration and development of mineral properties located in Canada and the United States. Casa owns a 90-per-cent interest in the Congress gold mine (Arizona, United States). Additionally, the company owns a 100-per-cent interest in the polymetallic Pitman and Keaper properties (British Columbia, Canada) and has an option to acquire a 75-per-cent interest in the Arsenault VMS (volcanogenic massive sulphide) property (British Columbia, Canada).

We seek Safe Harbor.